February 3, 2023

Forex Solution

Learn To Trade Forex

USDCAD moves to new highs going back to February

1 min read

Pair trade above the July high of 1.28066

The USDCAD moved to a new high going back to February 5, 2020. The price moved above the July 19 high at 1.28066. The high for the day scooted to 1.28166 on the break. 

The buyers are making a play. Can they keep the momentum going?

Crude oil traded to a low price of $62.61. The price has rebounded back toward the $63 level currently. That still down $1.45 or -2.25%.




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